Within the next week, we’re likely to get word on whether the Biden administration will extend the pause on federal student loan payments, or potentially go further and forgive loans completely for some borrowers.on Sunday that the Biden administration is considering its next steps before Aug. 31, when a moratorium on student loan payments is scheduled to end.
A Covid relief bill, known as the CARES Act, authorized a temporary pause on student loan payments beginning in March 2020, and the Biden administration has extended the pause several times since then. We're talking about varying degrees of relief, but I see no reason for the administration not to go as big as possible.I wrote about the broad, nationwide support for forgiving some — if not all — student loans
thereidout What about those of us who scrimped, saved, sacrificed & paid our child's 4 yr. college loan back 2 yrs ago in her jr. year- do we get a refund of the 2 yrs. of our student loan we repaid?
thereidout 😂 he’s literally destroying the economy. The fact that you would even look to him to solve your problem indicates you didn’t get a proper education in the first place!
thereidout Wealthy welfare. Giving money to the rich. This would be worse than corporate welfare. Welfare for elities.
thereidout Democrats will dangle student loan relief like a carrot to get votes in the midterms then drag it out until 2024 presidential election. Democrats did it with DACA in 2012 we voted for Obama and full democrat control they just kept dangling DACA until they lost majority.
thereidout I don't believe they should be forgiven. People entered into contracts. I spent 10 years paying off $25K in loans. Reduce monthly payments? Yes. Extend life of paypack period? Yes. Eliminate interest? Yes. Start offering free community college across the country? Yes.
thereidout You need to stop pushing Debt cancellation, loans come from the Federal Government. Contributions come from individual taxpayers, small businesses, and corporations, remaining sources consist of excise, estate, and other taxes and fees. I’ve paid, you pay!!
thereidout Exactly. Trump got the wealthy their tax cuts in record time! Come on Joe!!!!
thereidout he has caused a depression already
thereidout Money?
thereidout $10,000 forgiven wouldn't help a lot of us unfortunately...
thereidout Somebody is going to pay these loans.
would a political winner? I think somebody left out a word.
thereidout He'll do it 6 weeks before the election.
thereidout
thereidout It’s just buying votes. Biden can’t say ppl can’t afford it while spewing how great the economy is and how low unemployment is.
thereidout Midterms
thereidout It’s not a political winner it’s a handout.
thereidout Yeah, because rich entitled brats deserve all our tax money…so they can ensure they always make more money than the rest of us with their fancy degree.
thereidout What’s the plan? What about the students who graduate next year, or the year after? Need to address the issue one of which is out of control costs especially for state schools.
thereidout RT vote just before Election Day and include government and private lenders SallieMae charge high rates usdoegov NYC USA
thereidout Not really! How is that fair to everyone that worked hard and paid it themselves?
thereidout And a big financial LOSER for the responsible tax paying Americans.
thereidout A winner, except in the eyes of those who paid their loans and the taxpayers who can’t afford to be squeezed any more for spending on socialist experiments.
thereidout Actually this is false and Biden knows it. Yeah you'll have a couple hundred of thousand very happy people who will get rid of their student loans but also several million people that will be pissed that these people are getting a free ride..not the political victory you think
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